DSV (OTCMKTS:DSDVY) Reaches New 12-Month High – Here’s What Happened

DSV (OTCMKTS:DSDVY)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $127.53 and last traded at $127.53, with a volume of 35044 shares traded. The stock had previously closed at $123.98.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of DSV from a “strong sell” rating to a “hold” rating in a research note on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

DSV Stock Performance

The business’s fifty day moving average is $108.90 and its two-hundred day moving average is $112.93. The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $61.22 billion, a PE ratio of 43.30, a price-to-earnings-growth ratio of 1.65 and a beta of 1.34.

DSV (OTCMKTS:DSDVY) last announced its quarterly earnings results on Thursday, October 23rd. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.16. DSV had a return on equity of 10.92% and a net margin of 4.23%.The firm had revenue of $11.19 billion for the quarter, compared to the consensus estimate of $11.38 billion. Equities research analysts predict that DSV will post 3.97 earnings per share for the current year.

About DSV

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.